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Old 27-07-2018, 03:09 PM #1
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Gusto Brunt Gusto Brunt is offline
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Join Date: Apr 2011
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Gusto Brunt Gusto Brunt is offline
Senior Member
Gusto Brunt's Avatar
 
Join Date: Apr 2011
Posts: 14,360


Default Why do credit card companies increase your credit limit

...when you're not even fully using the credit they've given you??

For example, I had a credit card that had a limit of £2,500. I only used at the most maybe up to £300, and then I'd pay it all back when it was due.

The credit card company sent me a letter and said they were really happy with how I was managing my credit card and that they planned to increase my credit limit further.

WHY? When I wasn't using the £2,500.
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